In September, buyers of silver expect that the price of silver will rise in October.What will happen in the silver market in September, holding all else constant?
A)The quantity demanded will decrease.
B)The demand curve will shift to the left.
C)The demand curve will shift to the right.
D)The quantity demanded will increase.

Question

Quizplus · Accepted Answer

Expectations of higher future prices can lead to an increase in demand now, as buyers aim to purchase before prices go up, shifting the demand curve to the right.

In September, Buyers of Silver Expect That the Price of Silver